Economic Bakhtar News Agency is the official state news agency of the Afghan government, based in Kabul. The agency is a major source of news for all media in Afghanistan, gathering domestic and international news and providing information to outlets. http://www.bakhtarnews.com.af Tue, 24 Oct 2017 02:21:44 +0000 Joomla! 1.5 - Open Source Content Management en-gb NPC Approves 10 New Contracts Worth 1.3 Billion Afghanis http://www.bakhtarnews.com.af/eng/business/item/30528-npc-approves-10-new-contracts-worth-13-billion-afghanis.html http://www.bakhtarnews.com.af/eng/business/item/30528-npc-approves-10-new-contracts-worth-13-billion-afghanis.html NPC Approves 10 New Contracts Worth 1.3 Billion Afghanis

Monday October 23, 2017

Kabul (BNA) Presided over by President Mohammad Asharf Ghani, national procurement commission’s session was held Saturday evening at presidential palace.
In the session, 10 new projects including construction of roads in Kapisa and Herat, hospital in Jawzjan and providing various equipment worth 1.3 billion Afghanis were approved. Besides the above projects, suggestion of ministry for public works in connection with timely extension of 12 road projects which have been stopped due to various security, social and weather reasons in various provinces of the country was approved. Also, request for extension of construction project of small hydropower dam in Charkh district of Logar was approved. In the session, the country’s President praised ministry of public works for its recent steps taken towards creating convincing work in road projects and stressed that the ministry should further pay attention to completion of projects which were underway as well as monitoring work process followed by contractors.
National procurement commission also reviewed preliminary assessment report of Machalgho dam project of Paktia and issued necessary instructions for acceleration of work process on the dam. On the other hand, construction project of 100-bed hospital of Zabul was restored for further reviewing of its procurement documents. Meanwhile, national procurement commission also reviews suggestion of ministry of urban development and independent administrative of local organs in connection with construction project of Omar Farooq mosque in Kandahar and the ministry of urban development was obliged to pay a visit the area and deliver its report for further process of the project to cabinet’s session.
 

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Economic Mon, 23 Oct 2017 06:10:38 +0000
The Exchange Rate of Afghan Currency Against Foreign Currencies http://www.bakhtarnews.com.af/eng/business/item/30512-the-exchange-rate-of-afghan-currency-against-foreign-currencies.html http://www.bakhtarnews.com.af/eng/business/item/30512-the-exchange-rate-of-afghan-currency-against-foreign-currencies.html The Exchange Rate of Afghan Currency Against Foreign Currencies

Saturday, October 21, 2017

Kabul (BNA) Based on Khan Mohammad Baz’ head of currency exchangers in Kabul, Shahzada market report the exchange rate of Afghani as a follow:
                                                                                   
One Dollar                                            68/30 Afs                           
One Pound Sterling                              89/40 Afs                           
One Euro                                             80/20 Afs                           
One Emirate’s Dirham                         18/55 Afs                           
One Thousand Pakistani Rupees          638 Afs                           
One Thousand Indian Rupees               1050 Afs                                         
One Thousand Iranian Rupees              17 Afs                           
T. Yarzada
 

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Economic Sat, 21 Oct 2017 07:36:15 +0000
Implementation of TAPI Project Brings Economic Opportunities, Regional Stability http://www.bakhtarnews.com.af/eng/business/item/30481-implementation-of-tapi-project-brings-economic-opportunities-regional-stability.html http://www.bakhtarnews.com.af/eng/business/item/30481-implementation-of-tapi-project-brings-economic-opportunities-regional-stability.html Implementation of TAPI Project Brings Economic Opportunities, Regional Stability

Wednesday, October 18, 2017
Kabul (BNA) TAPI is the abbreviation for a gas transmission pipeline that starts from Turkmenistan, passes through Afghanistan and Pakistan and reaches to India. This project can bring good economic opportunities and regional stability.
Practical work of this project starts at a time that Afghanistan has been at close quarters with big security and economic challenges. The Afghan government considers this vital project as an important step for improving of Afghanistan economic situation and concerned countries.
In opinion of economists, implementation of TAPI project is very essential for economic self-sufficiency of Afghanistan and relaxing of its financial dependence to other countries.
Lawmaker Ghulam Farouq Majrooh from Herat said, importance of implementation of TAPI project is very high for Afghanistan as it connects central Asia to South Asia. Pakistan needs would cause her not to sabotage this project. I hope this project would be completed.
Majrooh added, despite of ongoing insecurity, if the concerned countries sincerely join hands, this project would succeed. Therefore in the first step, security should be restored in those areas through which the pipeline is expected to be passed. He went on to say that, if economic-commercial relations among regional countries expand, and the idea of connection of south to central Asia is materialized through Afghanistan, most likely, these countries would put aside intelligence-security intentions and would arrange their relations based on mutual economic interest. Saifuddin Saihoon a lecturer of the Faculty of Economy, Kabul University said, TAPI project is implementation of Afghanistan economic dreams and paves the way for regional stability but its implementation requires reliable security and sincere regional cooperation.
Saihoon added, Afghanistan can play role of trade-transit Bridge between central and south Asian countries and paves the way for regional economic development. But this opportunity is currently threatened by security challenges. We want to create confidence in the region.
Jawed Kohistani a political commentator said, despite of its possible huge income to concerned countries, TAPI project is challenged by extremist terrorists, but this project could be an opportunity for improving of security in the region and its hope that supporters of terrorism would change political mind and prefer economic interests.
Suraya Raiszada

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Economic Wed, 18 Oct 2017 06:32:51 +0000
The Exchange Rate of Afghan Currency Against Foreign Currencies http://www.bakhtarnews.com.af/eng/business/item/30466-the-exchange-rate-of-afghan-currency-against-foreign-currencies.html http://www.bakhtarnews.com.af/eng/business/item/30466-the-exchange-rate-of-afghan-currency-against-foreign-currencies.html The Exchange Rate of Afghan Currency Against Foreign Currencies

Tuesday, October 17, 2017
Kabul (BNA) Based on Khan Mohammad Baz’ head of currency exchangers in Kabul, Shahzada market report the exchange rate of Afghani as a follow:
                                                                                   
One Dollar                                            68/20 Afs                           
One Pound Sterling                              89/50 Afs                           
One Euro                                             80/20 Afs                           
One Emirate’s Dirham                         18/50 Afs                           
One Thousand Pakistani Rupees          638 Afs                           
One Thousand Indian Rupees               1050 Afs                                         
One Thousand Iranian Rupees               17 Afs                           
T. Yarzada

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Economic Tue, 17 Oct 2017 07:20:08 +0000
Iran-Afghanistan Rail Linkup Within 10 Days http://www.bakhtarnews.com.af/eng/business/item/30457-iran-afghanistan-rail-linkup-within-10-days.html http://www.bakhtarnews.com.af/eng/business/item/30457-iran-afghanistan-rail-linkup-within-10-days.html Iran-Afghanistan Rail Linkup Within 10 Days

Tuesday, October 17, 2017

Kabul (BNA) Construction work on a segment of railroad project extended from Iran to Afghanistan in western Herat province will be completed within the next 10 days and then put into service, the Iranian Ambassador to Afghanistan said on Saturday.
Work on the 62-kilomter railroad project from Iran’s border to Ghoriyan District of Herat was launched in 2007 at a cost of $75 million based on a grant from Iran.  The project was scheduled to be completed in 2009, Pajhwok Afghan News reported.  Officials say the mega project will provide transport and transit facilities and hel flourish trade between Afghanistan and Iran.
Mohamma Raza Bahrami, Iran’s ambassador in Kabul, visited the province and oversaw ongoing work on the Herat-Khawaf rail track.
Of the 62 kilometers of the railroad in Afghanistan, tracks have been laid on about 33 kilometers and the rest would be completed within the next 10 days.  The Herat-Khawaf 191 km railroad is being constructed in four segments, three of which are financed by Iran and the fourth is being funded by Afghanistan’s national budget.
 

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Economic Tue, 17 Oct 2017 06:14:18 +0000
NPC Approves 10 Contracts Worth 4.3bln Afghanis http://www.bakhtarnews.com.af/eng/business/item/30456-npc-approves-10-contracts-worth-43bln-afghanis.html http://www.bakhtarnews.com.af/eng/business/item/30456-npc-approves-10-contracts-worth-43bln-afghanis.html NPC Approves 10 Contracts Worth 4.3bln Afghanis

Tuesday, October 17, 2017

Kabul (BNA) Chaired by President Mohammad Ashraf Ghani, the National Procurement Commission (NPC) held session on Monday, his office said in a statement.
The meeting approved 10 contracts which include road development projects, health and power sector worth 4.3bln Afghanis, according to the statement.
The contracts include cleaning project of Kabul River starts from Khatamul Nabeen Masjid to Pol-e-Sukhta related to Capital Zone Development Administration’s Job Creation Project, transferring of 500KW power cable from Sheberghan province to Dasht-e-Alwan, Pul-e-Khumri related to Da Afghanistan Breshna Company, construction of 17km road in Herat province related to the ministry of rural rehabilitation and urban development, the statement further said.
Likewise, construction of Khost’s water supply network has conditionally approved, the statement added.
NPC also approved six other contracts in the meeting, the statement went on to say.
It is merit to mention that the draft of three projects which were including construction of Door Baba road to Ghani Khil, Nangarhar province were returned for further review and the contract of IT procurement project of finance ministry were rejected, the statement continued.
NPC in-charges, national and international observers including financial and budget commissions of national assembly’s, SIGAR and RS’s SISTIKA observers and many others were present in the meeting.
 

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Economic Tue, 17 Oct 2017 06:13:08 +0000
The Exchange Rate of Afghan Currency Against Foreign Currencies http://www.bakhtarnews.com.af/eng/business/item/30450-the-exchange-rate-of-afghan-currency-against-foreign-currencies.html http://www.bakhtarnews.com.af/eng/business/item/30450-the-exchange-rate-of-afghan-currency-against-foreign-currencies.html The Exchange Rate of Afghan Currency Against Foreign Currencies

Monday, October 16, 2017

Kabul (BNA) Based on Khan Mohammad Baz’ head of currency exchangers in Kabul, Shahzada market report the exchange rate of Afghani as a follow:
                                                                                   
One Dollar                                            68/20 Afs                        
One Pound Sterling                              89/80 Afs                        
One Euro                                             80/50 Afs                        
One Emirate’s Dirham                         18/50 Afs                        
One Thousand Pakistani Rupees          638 Afs                        
One Thousand Indian Rupees               1050 Afs                                      
One Thousand Iranian Rupees               17 Afs                        
T. Yarzada
 

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Economic Mon, 16 Oct 2017 11:28:34 +0000
Autumn; The Season of Cultivation And Farmers’ Expectations From Government http://www.bakhtarnews.com.af/eng/business/item/30448-autumn-the-season-of-cultivation-and-farmers’-expectations-from-government.html http://www.bakhtarnews.com.af/eng/business/item/30448-autumn-the-season-of-cultivation-and-farmers’-expectations-from-government.html Autumn; The Season of Cultivation And Farmers’ Expectations From Government

Monday October 16, 2017

Kabul (BNA) With the beginning of autumn season especially in the provinces enjoy cold weather, cultivation begins.
The farmers make effort before snowfall to cultivate their land. Because, with snowfall, the farmlands become icy and in such state there was no possibility for cultivation of crops. In such opportunity, the farmers were demanding from provincial in-charges concerned as well as from ministry of agriculture in the capital for promotion of level of agricultural yields and timely cultivation of land are not afford to purchase improved seeds and chemical fertilizer from market. This is in a time that the armed opponent groupings in the provinces and districts they are ruling, are making effort with creating insecurity force farmers to cultivate their lands with poppy, especially those farmers have no possibility to cultivate their lands with wheat and other crops, while if the agricultural in-charges concerned especially in provinces to help farmers with providing improved seeds and a quantity of chemical fertilizer.
In such a way, if more land comes under cultivation, no doubt, how much land comes under cultivation in such a scale, the level of yields promotes and on the other, increment in poppy cultivation also prevented. It should not be forgotten that this demand of farmers in fact is their main one and is investigated in a time that the ministry of agriculture to have some all out plans and measures for adopting within autumn season. According to its annual plans, the ministry of agriculture should have some helping programs for peasants in connection with distribution of much quantity of improved seeds and chemical fertilizer to farmers which were prepared in regular packages and this should take place especially in autumn season. This process especially promoted in Herat province, because this province is having vast farmland for cultivation of variety of improved seeds even such improved wheat seeds are cultivated in other provinces as well.
Helping programs have implemented for peasants. The ministry of agriculture especially the in-charges of agriculture in Herat within some years, import several varieties of wheat seed from overseas for promotion of wheat yields and lay down at the disposal of farmers, so that from one side, the level of products be promoted and on the other, the farmers to cultivate vast area with wheat that is the primary need of our people and the level of import of grain from abroad would also decreased. According to experts, this great ordeal is met in a time the assistance of foreign countries that taken place for expansion of agriculture even for prevention from poppy cultivation and creation of alternate crop for this fatal phenomenon to ministry of agriculture and counter narcotics ministry not to be embezzled. Based on a regular plan, the assisted material be distributed to farmers within cultivation season so that they cultivate vast area with crops.
We believe completely that if better condition be prepared for cultivation of wheat and other crops for peasants, the latter never resort to poppy cultivation which is forbidden according to Islamic Sharia. But, paying less heed by in-charges to farmers in removal of their problems existed in providing improved seeds and chemical fertilizer in season of cultivation caused the agricultural land not come under cultivation. Because, majority of farmers as a result of insecurity and being low the level of yields, they have no possibility to cultivate their land and this situation in some districts of Helmand, Farah, Kandahar and northern provinces are the factors behind cultivation of land by poppy and armed men did with pre-paying money encourage farmers to poppy cultivation while the formers gain huge sum of money from it and a meagre sum of money earns from poppy, pours in the pocket of farmers.
If the in-charges of agriculture take the initiative and within cultivation season run to helping peasants and lay down improved seed at the disposal of them, in such a state, the outcome of farmers never be taken by armed men and the issue is known by agricultural in-charges and are comprehending the removal of peasants’ requirements causes the promotion of level of products and respond to the voice of farmers. There were much possibilities so that they adopt all out measures in the connection.
 

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Economic Mon, 16 Oct 2017 06:36:16 +0000
The Exchange Rate of Afghan Currency Against Foreign Currencies http://www.bakhtarnews.com.af/eng/business/item/30433-the-exchange-rate-of-afghan-currency-against-foreign-currencies.html http://www.bakhtarnews.com.af/eng/business/item/30433-the-exchange-rate-of-afghan-currency-against-foreign-currencies.html The Exchange Rate of Afghan Currency Against Foreign Currencies

Sunday, October 15, 2017

Kabul (BNA) Based on Khan Mohammad Baz’ head of currency exchangers in Kabul, Shahzada market report the exchange rate of Afghani as a follow:
                                                                                   
One Dollar                                            68/20 Afs                           
One Pound Sterling                              89/80 Afs                           
One Euro                                             80/30 Afs                           
One Emirate’s Dirham                         18/50 Afs                           
One Thousand Pakistani Rupees          637 Afs                           
One Thousand Indian Rupees               10505 Afs                                         
One Thousand Iranian Rupees               16/80 Afs                           
T. Yarzada
 

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Economic Sun, 15 Oct 2017 10:26:02 +0000
The Exchange Rate of Afghan Currency Against Foreign Currencies http://www.bakhtarnews.com.af/eng/business/item/30422-the-exchange-rate-of-afghan-currency-against-foreign-currencies.html http://www.bakhtarnews.com.af/eng/business/item/30422-the-exchange-rate-of-afghan-currency-against-foreign-currencies.html The Exchange Rate of Afghan Currency Against Foreign Currencies

Saturday, October 14, 2017

Kabul (BNA) Based on Khan Mohammad Baz’ head of currency exchangers in Kabul, Shahzada market report the exchange rate of Afghani as a follow:
                                                                                   
One Dollar                                            68/10 Afs                           
One Pound Sterling                              89/50 Afs                           
One Euro                                             80/25 Afs                           
One Emirate’s Dirham                         18/50 Afs                           
One Thousand Pakistani Rupees          637 Afs                           
One Thousand Indian Rupees               1055 Afs                                         
One Thousand Iranian Rupees               16/80 Afs                           
T. Yarzada
 

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Economic Sat, 14 Oct 2017 11:32:45 +0000